Credit Unions Near Me
National Credit Union Service Organization

AMERICHOICE FEDERAL CREDIT UNION

Dec, 31, 2023 — AMERICHOICE FEDERAL CREDIT UNION is a federal credit union headquartered in MECHANICSBURG, PA with 5 branch locations and about $227.41 million in total assets. Opened 54 years ago in 1970, AMERICHOICE FEDERAL CREDIT UNION has about 15,786 members and employs 57 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 231382267
Name:AMERICHOICE FEDERAL CREDIT UNION
Address:
(Main Office)
2175 Bumble Bee Hollow Rd
MECHANICSBURG, PA 17055-5563
Phone:(717) 697-3474
Fax:(717) 697-3713
Website:https://www.americhoice.org
Branches:5 branch locations
Members:15,786
Credit Union Type:Federal Credit Union
Charter Number:20041
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1970
Last Audited:Dec 01, 2022
FHLB Member:Yes
Low Income Designation:No
Assets:$227,412,040
CEO/Manager:Ken Dyer
Chairperson:Gregg A Wells

Call Report

  • Payday Alternative Loans (PAL Loans)
  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 17,644,191
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 74,620,447
 Unsecured Loans 13,594,166
 Other Loans 70,328,495
 TOTAL LOANS 158,637,274
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,788,359
 Land And Building 3,705,134
 Other Fixed Assets 241,326
 NCUSIF Deposit 1,973,193
 All Other Assets 0
  TOTAL ASSETS 227,412,040
LIABILITIES & CAPITAL:  
 Dividends Payable 317,177
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,711,335
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 56,856,947
 Regular shares 76,689,916
 All Other Shares & Deposits 72,028,692
  TOTAL SHARES & DEPOSITS 205,575,555
  TOTAL LIABILITIES 207,611,243
 Regular Reserve 0
 Other Reserves -4,047,734
 Undivided Earnings 23,848,531
  TOTAL EQUITY 19,800,797
  TOTAL LIABILITIES, SHARES, & EQUITY 227,412,040
INCOME & EXPENSE  
 Loan Income 7,859,999
 Investment Income 1,946,178
 Other Income 572,420
 Total Employee Compensation & Benefits 4,390,335
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 4,076,698
 Non-operating Income & (Expense) 565,182
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 606,262
 Cost of Funds 857,659
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 2,306,692
↑ Back to Top

Other Credit Unions

LOCAL 520 U A FEDERAL CREDIT UNION
7193 Jonestown Rd
HARRISBURG, PA 17112-3649
PACE RESOURCES FEDERAL CREDIT UNION
445 W PHILADELPHIA ST
YORK, PA 17401
WILMAC EMPLOYEES' CREDIT UNION
PO Box 5047
YORK, PA 17405
BLUE CHIP FEDERAL CREDIT UNION
5050 Derry St
HARRISBURG, PA 17111-5606
YORK EDUCATIONAL FEDERAL CREDIT UNION
1601 S Queen St
YORK, PA 17403-4630
SUSQUEHANNA VALLEY FEDERAL CREDIT UNION
3850 Hartzdale Dr
CAMP HILL, PA 17011-7809
PENNSYLVANIA CENTRAL FEDERAL CREDIT UNION
959 E Park Dr
HARRISBURG, PA 17111-2810
GLATCO CREDIT UNION
53 S Main St
SPRING GROVE, PA 17362
NEW CUMBERLAND FEDERAL CREDIT UNION
345 Lewisberry Rd
NEW CUMBERLAND, PA 17070-2306
HERSHEY FEDERAL CREDIT UNION
232 Hershey Rd
HUMMELSTOWN, PA 17036